Investors with more than $5m are now able to access a discounted institutional share class on the Indus Select Asia Pacific fund.
Indus Capital has cut the annual management charge from 1% to 0.85% for the new share class, which is also the only sterling share class on offer. Investors with the sterling equivalent of $5m will be able to access the discount.
The Select Asia Pacific fund is a high-conviction portfolio, with a high concentration of holdings. It is managed by John Pinkel and distributed by Harrington Cooper.
Harrington Cooper managing partner Harry Dickinson said investors have been showing strong interest in the highly active fund: “We have launched this share class in response to that demand as well as, of course, to meet those investors’ fee expectations.”
